SONOVA (OTCMKTS:SONVY) Stock Rating Upgraded by Rothschild Redb

SONOVA (OTCMKTS:SONVY) was upgraded by equities researchers at Rothschild Redb from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Several other analysts have also recently commented on the company. Zacks Research upgraded SONOVA from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 28th. Sanford C. Bernstein upgraded SONOVA from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 18th. Barclays cut SONOVA from a “hold” rating to a “strong sell” rating in a research report on Friday, June 20th. Finally, BNP Paribas cut SONOVA from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

SONOVA Price Performance

SONOVA stock opened at $55.47 on Monday. SONOVA has a 12 month low of $52.83 and a 12 month high of $77.56. The business has a 50 day simple moving average of $57.07 and a 200-day simple moving average of $59.07. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.96 and a current ratio of 1.27.

About SONOVA

Sonova Holding AG manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segments engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audium, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands.